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INTERNAL PROTOTYPE — NOT LEGAL ADVICE — DO NOT SEND

McCarthy v. State Bank of Townsend, 54 Mont. 319 (1918)

Citation
McCarthy v. State Bank of Townsend, 54 Mont. 319 (1918)
Parent Document
McCarthy v. State Bank of Townsend, 54 Mont. 319 (1918)
Jurisdiction
Montana (state)
Effective Date
1918-01-07

Full Text

1,382 chars
It undoubtedly is the rule that the purchaser at a judicial [1] sale submits himself pro hac vice to the jurisdiction of the court (Boggs v. Fowler & Hargrave, 16 Cal. 560, 76 Am. Dec. *327561; Andrews v. O’Mahoney, 112 N. Y. 567, 20 N. E. 374), and may, on proper occasion, be subrogated to whatever rights and remedies exist in favor of the judgment creditor whose claim has been satisfied by the proceeds of the sale (Freeman on Void Judicial Sales, secs. 51 et seq.; note to Cowper v. Weaver’s Admr., 69 L. R. A. 33, 42). That the subrogation thus available, [2] however, cannot in all cases be imperative or exclusive is patent from the nature of the thing itself. Speaking generally, the doctrine is one of equity and benevolence; like contribution and other similar equitable remedies, it came from the civil law; its basis is the doing of justice, its object the prevention of injustice; it may be asserted or waived by the party entitled to its benefit, but is not intended to be applied in all eases without regard to circumstances, as where it would be of no advantage, where justice does not demand its application, where it would prejudice the rights of innocent parties, where its effect would be to compel the acceptance of a doubtful or inadequate remedy for one which might be more certain and adequate. (Sheldon on Subrogation, secs. 1, 4, 41; 37 Cyc. 363 et seq.)